New York permanently bars Celsius founder Mashinsky in $35M fraud settlement
The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities…
Taxing stocks, estates and employee benefits could keep Social Security from running out of money. Here’s who could pay the most.
Social Security is projected to become insolvent in six years. These are some of the creative solutions that are on the table, beyond raising payroll taxes.…
SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “crosstrading rule,” which permits transactions in securities…
New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky
Alex Mashinsky, already serving 12 years for fraud, settled New York’s civil case over claims he misled Celsius customers about the failed crypto lender’s…
Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round
Meanwhile has signed 15 brokers serving highnet worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE. Source:CoinDesk
Crypto projects apply for Anthropic’s new frontier AI security scanner
Anthropic’s new optin service promises vulnerability reports from its strongest AI models, including Claude Mythos. Source:Cointelegraph
Trump administration outlines quantum, AI initiatives in $6B science push
The White House outlined a $215 million quantum computing competition and $2.4 billion in AI industry commitments as concerns grow over quantum threats to…
Solana is about to halve its block times as final 200-millisecond upgrade nears
The network is completing a sevenweek push to produce blocks twice as frequently, though validators face higher costs and tighter operating windows.…
Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.…
Securitize stock jumps over 10% after launching tokenized US equities on Solana
Securitize’s new offering gives eligible investors access to tokenized shares of 12 US companies, with dividend and voting rights and plans for roundtheclock…
Ken Paxton is right. Tax cuts will mean Social Security and Medicare cuts.
It doesn’t matter if you are a Republican or Democrat. Math is math. Source:MarketWatch
EU securities regulator gives crypto platforms 3 months to remove unauthorized stablecoins
ESMA said authorized platforms must block new access to stablecoins that fail to meet MiCA rules, while national authorities oversee existing customer…